Which Country Exports the Most Sewing and Knitting Needles, Bodkins, Crochet Hooks in the World?

In 2016, approx. X tons of sewing and knitting needles, bodkins, crochet hooks were exported worldwide; descending by -X% against the previous year level. Overall, sewing and knitting needles, bodkins, crochet hooks exports continue to indicate a measured setback. The most prominent rate of growth was recorded in 2010, when export increased by X% against the previous year level. Global sewing and knitting needles, bodkins, crochet hooks export peaked of X tons in 2011; however, from 2012 to 2016, it failed to regain its strength.

In value terms, sewing and knitting needles, bodkins, crochet hooks exports stood at $X in 2016. In general, sewing and knitting needles, bodkins, crochet hooks exports continue to indicate a relatively flat trend pattern. Global sewing and knitting needles, bodkins, crochet hooks export peaked of $X in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Sewing and Knitting Needles, Bodkins, Crochet Hooks Exporting Countries in the World

X. China (X million USD)

X. Japan (X million USD)

X. Germany (X million USD)

X. Malaysia (X million USD)

X. South Korea (X million USD)

X. India (X million USD)

Sewing and Knitting Needles, Bodkins, Crochet Hooks Exports By Country

China (X tons) prevails in sewing and knitting needles, bodkins, crochet hooks exports structure, accounting for X tons, which was approx. X% of total exports in 2016. It was distantly followed by Malaysia (X tons), comprising X% share of total sewing and knitting needles, bodkins, crochet hooks exports. The following exporters - Japan (X tons), South Korea (X tons), India (X tons), and Germany (X tons) together made up X% of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2016. At the same time, South Korea (+X%), Malaysia (+X%), and Germany (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, India (-X%), and Japan (-X%) illustrated a downward trend over the same period. While the share of China (X%), Japan (X%), and India (X%) increased significantly, the share of South Korea (-X%), and Malaysia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest sewing and knitting needles, bodkins, crochet hooks supplier in the world, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with the share of X% of global exports. It was followed by Germany, with the share of X%.

From 2007 to 2016, the average annual rate of growth in terms of value of sewing and knitting needles, bodkins, crochet hooks exports in China expanded at +X%. The remaining exporting countries recorded the following average annual rates: Japan (-X% per year) and Germany (-X% per year).

Sewing and Knitting Needles, Bodkins, Crochet Hooks Export Prices By Country

In 2016, the average export price for sewing and knitting needles, bodkins, crochet hooks amounted to $X per ton, going up by X% against the previous year. Over the last nine years it increased at an average annual rate of +X growth pace was the most rapid in 2013, when it surged by X% against the previous year level. Over the period under review, average sewing and knitting needles, bodkins, crochet hooks export price reached its maximum level in 2016, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($X per kg), while China ($X per ton) was among the lowest.

From 2007 to 2016, the most notable growth rate of sewing and knitting needles, bodkins, crochet hooks export prices was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Market Intelligence Platform